The New Payments Ecosystem

A new payments ecosystem is emerging, created by higher corporate and consumer expectations of value-added services, an ever-changing regulatory landscape, the emergence of FinTechs, and an increase in payments-enabling technologies. Within this dynamic environment, payments industry participants must strategically reassess their roles.

Non-Cash Transaction Volume Analysis

Looking through 2020, we project that global payments growth will increase on average by 10.9% with emerging economies growing at 19.6%. Emerging economies are expected to grow at thrice the growth rate of mature economies with Emerging Asia led by China and India projected to grow at 30.9%.

Tightening controls to protect the customer

Compliance requirements imposed by banks often feel like an administrative and procedural cross that corporates must bear. However, behind these requirements lie various rules from different supervisory authorities binding banks to move in a particular direction. La Lettre du Trésorier, the publication of the French Association of Corporate Treasurers (AFTE) met Gautier Mouzelard, Head of Transformation Programs at BNP Paribas Cash Management, to discuss why and how, even in areas like compliance and control, there is room for creativity and innovation while still serving the interests of the customer.

Key Regulations and Industry Initiatives (KRIIs)

New Key Regulations and Industry Initiatives (KRIIs) aimed at competition and risk reduction have made the regulatory landscape even more complex. Currently, these are acting as a catalyst to infuse competition among service providers and to disrupt inertia in various segments of the payments’ value chain.

Cybersecurity: augmented risk in a digital world

Securing company financial and information assets is a responsibility for every business function, but this responsibility is particularly acute in treasury given the size of transactions and sensitivity of data. Furthermore, the financial – as well as reputational – implications of fraud are very real.

Regulation, compliance and geopolitics...

... how to stay ahead of the game.
The regulatory environment continues to change, and given their international role, treasurers need to understand and comply with diverse regulation. Not only is the regulatory burden increasing, but the financial and reputational consequences of non-compliance continue to grow.

BNP Paribas Group: Results as at 30 September 2017

Data analytics: give meaning to your big data

‘Big data’ is not yet high on many treasurers’ agenda, but every organisation acquires a huge volume of data available on a continuous basis, both directly and through third party partners, such as banks, technology vendors and consultancies.

How are banks facing the challenge from finance start-ups?

For the last five years, banks have seen the emergence of new players who compete with them or create new markets. Jean-Laurent Bonnafé, the Chief Executive Officer of BNP Paribas, and Florence Vasilescu, the founder of fintech FirmFunding, agreed to exchange views on this new environment at the VivaTech Show.

Improving cross-border payments: how SWIFT’s global payment initiative is changing the landscape

The head of product management for North American cash management services, Marlene Lieberman writes about SWIFT gpi in GT News